In March 2023, we acquired Capo Mimosa, a beachfront property in Cervo, Liguria to develop a contemporary, five-star beach resort with 90 villas, as well as a beach club, a Michelin-star restaurant and state of the art spa facilities.
The asset is situated on 5.5 hectares of prime seafront land on a hill with unobstructed, panoramic views of the Mediterranean sea.
ACQUISITION DATE | March 2023 |
LOCATION | Cervo, Italy |
FUND NAME | ICE II |
SQM | 55,000 |
STRATEGY | Repositioning |
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